Re: Cummins reveals Boris plot !!
Originally Posted by swimfeeders
Please do not underestimate Cummings.
|He has the evidence, if he did not he would be sued into bankruptcy.
|As far as IR35 is concerned, that is going and the people using it will have to pay the same tax as employed people.
That is only right.
No its not Swimmy.
IR35 is about business owners not being able to reclaim VAT or pre-tax expenses, no entitlement to holiday pay or sick pay, maternity pay or paternity pay, no non-contributory pension, no redundancy pay, no golden handshake or any other workers rights. It makes business owners second class workers.
Here is an example :
An electrician operating as a limited company, has one client on a big contract that lasts 2 years. Because of this he comes under IR35 and no longer can claim VAT back on fuel, pre-tax expenses, such as hotels, food, tools, equipment etc. He also doesn't get any holiday pay - but he still pays the same tax as if he was an employee.
Would you be happy working under IR35 conditions Swimmy if you owned a business ?